Canopy Tax Resolution is designed to simplify the complex and often messy tax problems clients bring to accounting professionals. It provides a structured approach to resolving tax issues, moving away from manual, time-consuming processes. The software offers pre-built workflows and letter templates to make tax work more efficient. It automates calculations for client surveys and various forms, reducing the need for manual computation. Key features include resolution evaluation tools for identifying recommended courses of action, pulling transcripts for a comprehensive understanding of client situations, and consolidating summaries, templates, and forms in a single interface. For client communication, it enables secure data collection via questionnaires and document requests through an easy-to-use client portal. Canopy guides users through complex tax laws and agency procedures by offering recommended next steps for various case types, including Collections (installment agreements, offers-in-compromise, liens, levies), Penalties (trust fund recovery, penalty abatements), and Spousal Relief (innocent spouse, separation of liability, equitable relief). The platform aims to make tax resolution quick and painless for both the accounting firm and its clients.

Features & Benefits

• Workflow Automation: Utilizes pre-built workflows and letter templates to streamline tax resolution tasks.
• Automated Calculations: Performs backend calculations for client surveys and forms, saving time and reducing errors.
• Resolution Evaluation Tools: Automates collection calculations and evaluates recommended courses of action for tax cases.
• Secure Client Communication: Captures client information via questionnaires and securely requests documents through a client portal.
• Case Management Guidance: Provides recommended next steps for various tax resolution case types, simplifying complex procedures.